Housing costs in Caledonia?
A typical home costs
$214,800, which is 36.5% less expensive than the national average of
$338,100 and 30.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Caledonia costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 42.5% cheaper than the state average of
$1,240.
Can I afford Caledonia?
To live comfortably in Caledonia, Minnesota, a minimum annual income of
$41,040 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Caledonia?
Caledonia, MN is a great place to live with an affordable cost of living. The median household income is slightly below the national average at $55,619, and the median housing price is $148,300. The cost of living index is 1.7% lower than the national average, making it an attractive option for many people looking for a more affordable place to live. Additionally, there are no taxes on groceries or prescription drugs in Minnesota, which makes it even more affordable for those shopping for everyday items.